FOSSIL DENMARK A/S

CVR number: 29396353
Park Allé 295, 2605 Brøndby

Credit rating

Company information

Official name
FOSSIL DENMARK A/S
Personnel
2 persons
Established
2006
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About FOSSIL DENMARK A/S

FOSSIL DENMARK A/S (CVR number: 29396353) is a company from BRØNDBY. The company recorded a gross profit of 1376.7 kDKK in 2023. The operating profit was 52.8 kDKK, while net earnings were 356.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.8 %, which can be considered weak and Return on Equity (ROE) was 1.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 95.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FOSSIL DENMARK A/S's liquidity measured by quick ratio was 23.1 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit7 259.494 951.246 775.75453.661 376.66
EBIT1 023.19- 809.884 945.11- 123.0752.85
Net earnings637.87- 931.934 825.87- 202.36356.25
Shareholders equity total15 374.4714 442.5419 268.4119 066.0519 422.29
Balance sheet total (assets)26 252.7725 378.2421 457.5621 431.5820 298.16
Net debt-6 845.44-7 536.17-13 120.64-11 384.16-10 511.71
Profitability
EBIT-%
ROA3.8 %-3.1 %21.1 %-0.5 %1.8 %
ROE3.3 %-6.3 %28.6 %-1.1 %1.9 %
ROI4.1 %-3.5 %23.1 %-0.5 %1.9 %
Economic value added (EVA)264.05- 736.384 999.19- 372.21- 256.94
Solvency
Equity ratio58.6 %56.9 %89.8 %89.0 %95.7 %
Gearing54.8 %55.3 %6.2 %8.0 %
Relative net indebtedness %
Liquidity
Quick ratio2.12.29.79.023.1
Current ratio2.22.29.79.023.1
Cash and cash equivalents15 275.4515 518.6514 310.4612 901.0810 511.71
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:1.81%
Rating: 29/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:95.7%
Rating: 77/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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